Tu Guangshao Vice-Chairman: The financial center in Shanghai is not a zero-sum game

July 21 News, led by the Hong Kong Special Administrative Region Government, the HKEx-sponsored Shanghai Financial Forum was held in Shanghai today.　　Tu Guangshao Vice-Chairman, vice mayor of Shanghai, said in his speech that the relationship between the two international financial centers in Shanghai and Hong Kong is not a zero-sum game, and in the process of RMB internationalization, Hong Kong will form a series of cooperation in promoting RMB Offshore center construction and Shanghai Construction in the offshore RMB international market system. "We also note that in Hong Kong we are actively studying and promoting the establishment of a centre for renminbi financial markets in Hong Kong, we feel that this will definitely play an active role in promoting the renminbi going out, and I think Hong Kong has some advantages and adjustments in this respect, and I believe that it must play an irreplaceable role in the offshore renminbi construction. How we Shanghai to the local onshore financial system, in the process of common out, Hong Kong's Offshore financial center and Shanghai's international market system will form a series of cooperation.　　"Tu Guangshao Vice-Chairman said. He believes that the two financial centres in Shanghai and Hong Kong are not the relationship between the 0 and the game. The promotion of Hong Kong's international financial centre can play a leading role in guiding Shanghai's International Financial Centre, and Shanghai needs more learning and experience from Hong Kong, and only if Shanghai accelerates the construction of an international financial centre can it have a better basis for interaction and co-ordination with Hong Kong. (Jessie is from Shanghai)